Investment Analysts’ Recent Ratings Changes for Chipotle Mexican Grill (CMG)

A number of research firms have changed their ratings and price targets for Chipotle Mexican Grill (NYSE: CMG):

  • 2/9/2018 – Chipotle Mexican Grill was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Chipotle’s fourth-quarter adjusted earnings of $1.34 per share surpassed the Zacks Consensus Estimate by 1.5% and rose 143.6% on a year-over-year basis. Revenues increased 7.3% to $1.11 billion but lagged the consensus mark. Meanwhile, comps grew only 0.9% despite an increase in average check, including a 2.4% impact from menu price increase in select restaurants. Chipotle has been bearing the brunt of a challenging restaurant operating environment and has been particularly plagued by negative publicity related to food-borne illnesses, which had surfaced toward 2015-end. In order to regain reputation and drive sales, the company has been trying to streamline operations and enhance guest experience. In fact, Chipotle shares have underperformed the industry over the past year.”
  • 2/8/2018 – Chipotle Mexican Grill had its “neutral” rating reaffirmed by analysts at Goldman Sachs Group Inc. They now have a $285.00 price target on the stock, down previously from $330.00.
  • 2/7/2018 – Chipotle Mexican Grill was downgraded by analysts at Wedbush from a “hold” rating to a “sell” rating. They now have a $280.00 price target on the stock.
  • 2/7/2018 – Chipotle Mexican Grill had its price target lowered by analysts at Barclays PLC from $325.00 to $305.00. They now have an “equal weight” rating on the stock.
  • 2/7/2018 – Chipotle Mexican Grill had its price target lowered by analysts at Robert W. Baird from $310.00 to $295.00. They now have a “neutral” rating on the stock.
  • 2/7/2018 – Chipotle Mexican Grill had its price target lowered by analysts at Morgan Stanley from $346.00 to $312.00. They now have an “equal weight” rating on the stock.
  • 2/7/2018 – Chipotle Mexican Grill had its price target lowered by analysts at Bank of America Corp from $285.00 to $270.00. They now have an “underperform” rating on the stock.
  • 2/7/2018 – Chipotle Mexican Grill had its “hold” rating reaffirmed by analysts at Canaccord Genuity. They now have a $300.00 price target on the stock, down previously from $325.00.
  • 2/7/2018 – Chipotle Mexican Grill had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein. They now have a $500.00 price target on the stock, down previously from $564.00.
  • 2/7/2018 – Chipotle Mexican Grill had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $275.00 price target on the stock, down previously from $330.00.
  • 2/7/2018 – Chipotle Mexican Grill had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $410.00 price target on the stock, down previously from $425.00.
  • 2/7/2018 – Chipotle Mexican Grill had its price target lowered by analysts at Royal Bank of Canada to $310.00. They now have a “sector perform” rating on the stock.
  • 2/7/2018 – Chipotle Mexican Grill had its “buy” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $340.00 price target on the stock.
  • 2/7/2018 – Chipotle Mexican Grill was downgraded by analysts at Mizuho from a “buy” rating to a “neutral” rating. They now have a $533.00 price target on the stock.
  • 2/7/2018 – Chipotle Mexican Grill was downgraded by analysts at Stifel Nicolaus from a “hold” rating to a “sell” rating. They now have a $250.00 price target on the stock, down previously from $310.00.
  • 2/2/2018 – Chipotle Mexican Grill had its price target raised by analysts at Wedbush from $290.00 to $310.00. They now have a “neutral” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 2/2/2018 – Chipotle Mexican Grill was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 2/1/2018 – Chipotle Mexican Grill had its “hold” rating reaffirmed by analysts at Oppenheimer Holdings Inc..
  • 2/1/2018 – Chipotle Mexican Grill was downgraded by analysts at UBS Group AG from a “neutral” rating to a “sell” rating. They now have a $345.00 price target on the stock, up previously from $324.76.
  • 1/31/2018 – Chipotle Mexican Grill had its “sell” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $290.00 price target on the stock, up previously from $240.00.
  • 1/31/2018 – Chipotle Mexican Grill had its “sell” rating reaffirmed by analysts at Citigroup Inc. They now have a $290.00 price target on the stock.
  • 1/30/2018 – Chipotle Mexican Grill had its price target raised by analysts at Nomura from $291.00 to $315.00. They now have a “neutral” rating on the stock.
  • 1/30/2018 – Chipotle Mexican Grill had its price target raised by analysts at Wells Fargo & Co from $280.00 to $300.00. They now have a “market perform” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 1/23/2018 – Chipotle Mexican Grill had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $330.00 price target on the stock, up previously from $275.00.
  • 1/22/2018 – Chipotle Mexican Grill had its “hold” rating reaffirmed by analysts at William Blair.
  • 1/19/2018 – Chipotle Mexican Grill was upgraded by analysts at Raymond James Financial, Inc. from an “underperform” rating to a “market perform” rating.
  • 1/19/2018 – Chipotle Mexican Grill was upgraded by analysts at Citigroup Inc to a “market perform” rating. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 1/18/2018 – Chipotle Mexican Grill had its “buy” rating reaffirmed by analysts at Maxim Group. They now have a $425.00 price target on the stock, up previously from $400.00. They wrote, “We maintain our Buy rating on Chipotle Mexican Grill (CMG) and raise our price target to $425, from $400, ahead of the company’s release of 4Q17 (December) results on Tuesday, February 6, 2018.””
  • 1/16/2018 – Chipotle Mexican Grill had its “equal weight” rating reaffirmed by analysts at Barclays PLC. They now have a $325.00 price target on the stock, up previously from $280.00.
  • 12/31/2017 – Chipotle Mexican Grill was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.

Shares of Chipotle Mexican Grill, Inc. (NYSE CMG) opened at $255.46 on Monday. The company has a market capitalization of $7,135.07, a PE ratio of 41.47, a P/E/G ratio of 1.66 and a beta of 0.59. Chipotle Mexican Grill, Inc. has a 1-year low of $247.51 and a 1-year high of $499.00.

Chipotle Mexican Grill (NYSE:CMG) last issued its quarterly earnings data on Tuesday, February 6th. The restaurant operator reported $1.34 EPS for the quarter, beating the consensus estimate of $1.32 by $0.02. Chipotle Mexican Grill had a return on equity of 13.44% and a net margin of 3.94%. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same period last year, the company earned $0.55 earnings per share. Chipotle Mexican Grill’s quarterly revenue was up 7.3% compared to the same quarter last year. research analysts predict that Chipotle Mexican Grill, Inc. will post 8.38 EPS for the current fiscal year.

Chipotle Mexican Grill, Inc (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions.

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